Listed by Keller Williams
$6,100,000
Stillwater Industrial Park
Details
Property Type Office, Industrial
Sub Type Distribution, Warehouse
Square Footage 49,510
Net Rentable (SqFt) 49,510
Units 12
Cap Rate 6.12%
NOI $373,554
Occupancy 67%
Tenancy Vacant
Lease Type NNN
Rent Bumps No
Pro-Forma Cap Rate 7.7%
Pro-Forma NOI $469,968
Price per SqFt $123
Class B
Year Built 2000
Year Renovated 2010
Buildings 12
Stories 1
Zoning Heavy Industrial
Parking Spaces 6 per unit
Investment Type Stabilized
Tenant Credit Credit Rated, Franchisee
Ceiling Height 18'
Ownership 100%
Sale Condition For sale by owner
Stable Investment Property with Upside Potential
Marketing description
12- Office Warehouse Building Package For Sale.
Great area inside an industrial park setting
Stable Investment Properties
Great Tenant Base
Located central to Petrochemical Plants, Air Gas, New Linde Hydrogen Plant, BASF, Exxon/Mobile, Valero, Chevron and other sub-chemical producers.
Great access from Hwy 69/96/287 coming & going.
Outside the City Limits of Beaumont allow for multi-speciality companies without Fire Marshall involvement.
Investment highlights
Stabilized Property Group- is in excellent location for companies moving into the area and also those service companies needing to grow their current footprint.
Listing Contacts
Listed by Keller Williams
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$373,554.00
$31,129.50/mo
Valuation Metrics
0
DSCR
6.12%
Cap Rate
6.12%
ROI
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